No and certainly not on a risk-adjusted basis. (i.e. if you're reasonably competent, you're far more likely to do pretty well in private business than academia). On the other hand, while I've never had personal exposure to the downsides, a tenured position at an elite university in the US still seems pretty attractive with various caveats in both directions depending upon the location.
You may mean “funding for research projects”. I would agree. Over the very long haul a successful research program can also result in a relatively high “academic” income (ca. $200,000 in biomedical research), but that no comparison with mid and top levels of programmers at FAANG et al.
